Nava Ltd
Nava Bharat Ventures Ltd was established in 1972 as an Indian ferro alloys manufacturer, Nava Bharat is now a multinational company, operating in India, South East Asia and Africa with businesses in metals manufacturing, power, mining, agribusiness and healthcare. [1]
It owns Ferro Alloy facilities which are situated in Paloncha (Telangana) and Kharagprasad (Odisha). It also owns power generation capacity of 434 MW from its 8 thermal power plants located in different states of India. [2]
Its 65% owned subsidiary Maamba Collieries Ltd is Zambia’s largest coal mine concessionaire, which also led to the development of a 300 MW power plant in Zambia which repersents 10% of Zambia’s total installed power generation capacity. [2]
- Market Cap ₹ 14,411 Cr.
- Current Price ₹ 993
- High / Low ₹ 1,348 / 435
- Stock P/E 36.9
- Book Value ₹ 263
- Dividend Yield 0.40 %
- ROCE 8.00 %
- ROE 5.94 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 25.4%
Cons
- Stock is trading at 3.77 times its book value
- The company has delivered a poor sales growth of 3.86% over past five years.
- Company has a low return on equity of 9.08% over last 3 years.
- Earnings include an other income of Rs.183 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Diversified Industry: Diversified - Large
Part of BSE Allcap BSE Utilities Nifty Total Market BSE SmallCap Nifty Microcap 250
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,124 | 1,101 | 1,153 | 1,026 | 990 | 1,309 | 1,215 | 1,080 | 1,027 | 1,678 | 1,600 | 1,468 | 1,548 | |
827 | 847 | 993 | 901 | 831 | 1,065 | 979 | 883 | 784 | 1,116 | 1,220 | 1,215 | 1,198 | |
Operating Profit | 297 | 253 | 160 | 125 | 160 | 244 | 236 | 197 | 243 | 562 | 380 | 253 | 350 |
OPM % | 26% | 23% | 14% | 12% | 16% | 19% | 19% | 18% | 24% | 34% | 24% | 17% | 23% |
61 | 50 | 57 | 62 | 37 | 46 | 74 | 52 | 41 | 54 | 59 | 81 | 183 | |
Interest | 14 | 18 | 28 | 32 | 37 | 15 | 20 | 21 | 14 | 12 | 13 | 6 | 3 |
Depreciation | 48 | 62 | 36 | 34 | 37 | 37 | 32 | 32 | 32 | 33 | 32 | 32 | 33 |
Profit before tax | 297 | 223 | 153 | 122 | 123 | 237 | 258 | 197 | 238 | 571 | 395 | 295 | 498 |
Tax % | 20% | 13% | 7% | 4% | 35% | 32% | 35% | 35% | 35% | 33% | 18% | 26% | |
238 | 193 | 142 | 118 | 80 | 162 | 166 | 129 | 155 | 382 | 322 | 219 | 392 | |
EPS in Rs | 13.34 | 10.81 | 7.98 | 6.58 | 4.46 | 9.05 | 9.31 | 7.30 | 9.89 | 26.32 | 22.21 | 15.09 | 27.01 |
Dividend Payout % | 19% | 23% | 31% | 23% | 22% | 17% | 16% | 21% | 24% | 23% | 27% | 27% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 4% |
3 Years: | 13% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 1% |
5 Years: | 5% |
3 Years: | 12% |
TTM: | 99% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 71% |
3 Years: | 107% |
1 Year: | 118% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 18 | 18 | 18 | 18 | 36 | 36 | 36 | 35 | 30 | 29 | 29 | 29 | 29 |
Reserves | 2,287 | 2,431 | 2,517 | 2,634 | 2,590 | 2,735 | 2,871 | 2,918 | 2,947 | 3,270 | 3,504 | 3,633 | 3,794 |
149 | 172 | 168 | 437 | 293 | 334 | 320 | 297 | 175 | 193 | 132 | 9 | 3 | |
206 | 193 | 226 | 189 | 159 | 153 | 180 | 137 | 162 | 292 | 267 | 231 | 277 | |
Total Liabilities | 2,661 | 2,815 | 2,928 | 3,277 | 3,078 | 3,257 | 3,408 | 3,387 | 3,313 | 3,784 | 3,932 | 3,902 | 4,103 |
646 | 851 | 826 | 850 | 838 | 814 | 793 | 705 | 695 | 667 | 658 | 664 | 654 | |
CWIP | 261 | 6 | 7 | 5 | 7 | 6 | 2 | 8 | 2 | 7 | 27 | 8 | 9 |
Investments | 474 | 954 | 1,058 | 1,096 | 1,093 | 1,213 | 1,233 | 1,764 | 1,885 | 2,122 | 2,106 | 2,239 | 2,374 |
1,280 | 1,003 | 1,037 | 1,327 | 1,140 | 1,225 | 1,380 | 910 | 732 | 988 | 1,142 | 991 | 1,066 | |
Total Assets | 2,661 | 2,815 | 2,928 | 3,277 | 3,078 | 3,257 | 3,408 | 3,387 | 3,313 | 3,784 | 3,932 | 3,902 | 4,103 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
156 | 152 | 127 | 320 | 172 | 59 | 201 | 152 | 376 | 323 | 48 | 251 | |
-190 | -465 | -141 | -543 | 51 | -67 | -147 | -6 | -84 | -147 | 23 | -28 | |
-89 | -34 | -65 | 200 | -204 | 6 | -59 | -134 | -256 | -53 | -157 | -213 | |
Net Cash Flow | -123 | -347 | -80 | -22 | 19 | -2 | -4 | 12 | 37 | 123 | -86 | 10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 54 | 53 | 70 | 61 | 36 | 48 | 57 | 65 | 56 | 44 | 50 | 55 |
Inventory Days | 180 | 193 | 173 | 127 | 158 | 136 | 174 | 194 | 132 | 129 | 217 | 180 |
Days Payable | 45 | 45 | 38 | 50 | 48 | 38 | 42 | 30 | 28 | 24 | 43 | 24 |
Cash Conversion Cycle | 189 | 201 | 205 | 137 | 146 | 146 | 189 | 229 | 159 | 149 | 225 | 211 |
Working Capital Days | 136 | 142 | 155 | 187 | 95 | 98 | 103 | 163 | 131 | 106 | 170 | 171 |
ROCE % | 12% | 9% | 7% | 5% | 6% | 8% | 9% | 7% | 8% | 18% | 11% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
1d - Approval of share split and amendment to MOA and AOA.
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Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
1d - Voting results of Postal Ballot and resolutions passed.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 1d
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
20 Dec - Court orders release of shares held by ED.
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
11 Dec - Managing Director acquitted in CBI case.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Business Segment FY23